We are now the largest office investor in Poland
With the acquisition of Quattro Business Park complex in Kraków for 139 million EUR, the largest so far in our history, we have become the largest institutional office investor and landlord in Poland with over 290,000 sqm of owned office space on the local market, valued at 900 million EUR. And we will continue to expand our portfolio and plan subsequent transactions in the next several months.
This is already the sixth and, at the same time, the largest individual real estate purchase transaction concluded since the end of last year. At the moment, our Polish portfolio exceeds 345,000 sqm; including besides typical office space also mixed-use properties such as the legendary Warsaw-based Hala Koszyki and Renoma in Wrocław, amongst others.
"In a little over half a year we were able to become the leader of the most liquid and the largest office market in the region, characterized by a high amount of trust amongst international investors. The transactions closed over the past six months have more than doubled the size of Globalworth Poland’s portfolio achieving immediate scale benefits. We continue to see exciting opportunities in Poland, and it is a focal area of our growth strategy", said Dimitris Raptis, Deputy Chief Executive Officer and Chief Investment Officer.
Quattro Business Park, located in the Prądnik Czerwony district of Kraków, offers approx. 60,000 sqm of space for lease and over 1,300 parking places. The complex consists of five buildings and has been recognized with BREEAM certification. Among the tenants of Quattro are companies such as: Capgemini, Google, Luxoft, Epam, PerkinElmer, Lundbeck and Medicover.